Yamaha to Merge With Indonesia Production Firm

28 December, 2011 | Source: The Jakarta Post

Yamaha Motor Co. Ltd. is set to increase its efficiency in Indonesia next year by merging with PT Yamaha Indonesia Motor Manufacturing (YIMM)

The move will see YIMM handle Yamaha’s production, promotion and marketing activities.

YIMM executive vice president Dyonisius Beti cited four reasons behind the merger.

The first one, he said, was to raise efficiency, productivity and business competition.

The second was to create synergy between the production, marketing, financial and human resources units to improve business performance, he said.

The third reason, Dyonisius said, was to improve the management at all levels within the company.

“[We aim] to create a healthy business environment and make the most of the roles and functions of all Yamaha Group management for a more competitive future,” he said on Monday as quoted by kompas.com.

He added that he hoped the merger could help Yamaha live up to its slogan “Semakin di depan” (increasingly ahead) and create a better future for the firm.

 

Indonesian Foreign Minister Retno Marsudi and her Maldivian counterpart Mohamed Asim will hold a bilateral meeting in Jakarta on Wednesday (June 21) to discuss the cooperation in tourism sector.
The United Nations Food and Agriculture Organization (FAO) has praised Indonesia for its role in fighting illegal, unreported, unregulated (IUU) fishing, the Indonesian Embassy in Rome said.
Indonesias real GDP growth is projected to increase from 5.2 percent this year to 5.3 percent in 2018, according to the World Banks June 2017 Indonesia Economic Quarterly.
Jakarta (ANTARA News) - Former president of the United States, Barack Obama, is scheduled to deliver a keynote speech at the opening session of the 4th Congress of Indonesian Diaspora in Jakarta on July 1, 2017.
Jakarta (ANTARA News) - Indonesian Minister of Foreign Affairs Retno Marsudi spoke by phone with her counterparts of the Middle East in a bid to ease the crisis between Qatar and a group of Arab countries.
Tokyo, Japan (ANTARA News) - Indonesian Vice President Jusuf Kalla and Japanese Prime Minister Shinzo Abe discussed accelerating the development of medium-speed railway facilities on the Jakarta-Surabaya route during a bilateral meeting after the 23rd International Forum: Future of Asia.
Address: 1068 Budapest, Városligeti fasor 26. | MAP |
Phone: (+36-1) 413 3800 Fax: (+36-1) 322 8669
E-mail: embassy@indonesianembassy.hu